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Something just happened to reserve balances.

Summary:
Reserves have bottomed for now, Fed operations notwithstanding. May factor into a dollar top and further gold price increase.

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Reserves have bottomed for now, Fed operations notwithstanding. May factor into a dollar top and further gold price increase.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

16 comments

  1. A professor that's a fancy shirt you have there

  2. I used to have a slow trip problem. Nothing that a few antibiotics couldn't fix.

  3. Finance & Economics

    What's gonna happen is gonna happen

  4. That's great insight on the almighty dollar. Thanks Mike!

  5. there printin the muney da muney

  6. Associate Forum

    Awesome video, Mike – Thank You, Man!! ✌✌✌

  7. I interest in Thailand and the dollar to baht is 1:32.20. Not long ago it was 1:30.80. My very thought this morning was to buy baht. Your explanation on dollar price prods me to buy baht. Cool shirt!

  8. So mike thinks there is not such think as a deficit. I think he needs his head examined.

  9. Yep, I made money on bonds and you called the Yen move too!

  10. Ioannis Lazaridis

    Michael is right. He explains in a comprehensive manner complicated financial issues.

  11. You look like you're getting too much sun. Be careful of too much sun, can cause skin issues.

  12. Yes sold to early on my $TLT but was a money maker for me thx Mike

  13. More money has gone into stock-based funds over the past five months than the previous 12 years combined, according to Bank of America. april 9 2021

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